Accountancy, asked by rahmchisha, 1 year ago

paid salaries in journal entry

Answers

Answered by arnav98
86
Salaries. A / c Dr.
To Cash
Answered by PiaDeveau
24

Salary paid

Explanation:

                                   Books of (---- Limited)

                                        Journal entry

Date     Account Title and Explanation    Debit   Credit

           Salary                 A/c Dr.               xxx

            To Cash / Bank     A/c                                   xxx

                   (Being salary paid from cash or bank)

Note: Salary paid is an expense for the company So, the salary account must be debit.

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